Totals
- Total revenue
- $249,283
- Total expenses
- $266,009
- Contributions and grants received
- $247,323
- Grants paid
- $0
- Program service revenue
- $1,960
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $253,296
- Total liabilities, end of year
- $3,663
- Net assets or fund balances, end of year
- $249,633
- Program services expenses (Part IX)
- $127,884
- Management and general expenses
- $108,195
- Fundraising expenses
- $29,930
- Program service expenses (Part III)
- $127,884
Program services were 48.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$247,323
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: All Other Miscellaneous Schools and Instruction
total $1,960 · related or exempt $1,960 · unrelated business $0 · excluded $0
-
3 · Investment income
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $124,150 · program services $94,150 · management and general $10,000 · fundraising $20,000
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $4,515 · program services $0 · management and general $4,515 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $16,220 · program services $0 · management and general $16,220 · fundraising $0
-
10 · Payroll taxes
total $9,883 · program services $0 · management and general $9,883 · fundraising $0
-
12 · Advertising and promotion
total $9,930 · program services $0 · management and general $0 · fundraising $9,930
-
13 · Office expenses
total $14,147 · program services $0 · management and general $14,147 · fundraising $0
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $52,423 · program services $0 · management and general $52,423 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,007 · program services $0 · management and general $1,007 · fundraising $0
-
23 · Insurance
total $0 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: program expenses
total $33,734 · program services $33,734 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $264,804 · end of year $248,682
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $4,473 · end of year $4,614
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$20,921
-
10b · Land, buildings and equipment: accumulated depreciation
$20,921
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $2,918 · end of year $3,663
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $266,359 · end of year $249,633
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
The mission of Houston Institute is to help the people of Rice University think deeply about the best way to live through the study of the liberal arts especially philosophy and literature. Our goal is to help students become better seekers and speakers of the truth.
-
Hosted multiple reading groups throughout the year - often twice a week- on topics in philosophy and literature. Roughly 10-15 students per meeting.
Expenses $84,798
-
Hosted speakers for discussions and debates on various topics
Expenses $23,586
-
Hosted a week long course for High School students on philosophy and literature
Expenses $17,660 · Revenue $1,960
-
Take students to cultural events
Expenses $1,840
-
We provide salon discussions for members of the community about 6-8 times a year. We usually co-sponsor two 6-week philosophy courses with Rices Glasscock School for Continuing Studies We sponsor a mentorship program called OptimalWork We also support the scholarly projects of our staff - in philosophy and literature
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mark Dulworth
Chairman of the Board
- Total calculated
- $0
- Hours/week
- 2
-
Davis Thames
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Pablo Yepes
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Luis Tellez
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Jeffery Polzer
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Peter Busher
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Michael Youtt
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
James Prather
Director of Operations
- Total calculated
- $62,950
- From this org
- $62,950
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Victor Saenz
Executive Director
- Total calculated
- $70,000
- From this org
- $70,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443199349306949
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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